Izea Inc (NASDAQ:IZEA) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokers have set a one year consensus target price of $7.00 for the company, according to Zacks. Zacks has also given Izea an industry rank of 95 out of 255 based on the ratings given to related companies.
Separately, ValuEngine raised shares of Izea from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd.
Izea (NASDAQ:IZEA) last issued its quarterly earnings data on Monday, May 21st. The company reported ($0.35) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.34) by ($0.01). Izea had a negative return on equity of 91.36% and a negative net margin of 18.56%. The company had revenue of $3.90 million during the quarter. research analysts expect that Izea will post -0.35 EPS for the current year.
In other Izea news, insider Edward H. Murphy bought 100,000 shares of Izea stock in a transaction dated Monday, July 2nd. The shares were purchased at an average cost of $1.00 per share, with a total value of $100,000.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 25.50% of the stock is owned by corporate insiders.
An institutional investor recently bought a new position in Izea stock. Bank of New York Mellon Corp bought a new position in Izea Inc (NASDAQ:IZEA) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 29,505 shares of the company’s stock, valued at approximately $133,000. Bank of New York Mellon Corp owned 0.51% of Izea at the end of the most recent reporting period. Institutional investors own 21.54% of the company’s stock.
Izea Company Profile
IZEA, Inc creates and operates online marketplaces that connect marketers and content creators. Its technology solutions enable the management of content workflow, creator search and targeting, bidding, analytics, and payment processing. The company engages creator for influencer marketing campaigns, or to create content for the marketers' use and distribution.
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